Brazil Stock Market Update

Investing.com – Brazil stocks were higher after the close on Monday, driven by gains in the Industrials, Consumption, and Basic Materials sectors.

At the close in Sao Paulo, the Bovespa gained 1.02%.

Top Performers

The best performers of the session on the Bovespa were:
– Azul SA Pref (BVMF:AZUL4): +13.99% (up 0.75 points to trade at 6.11)
– IRB Brasil Resseguros SA (BVMF:IRBR3): +6.80% (up 2.81 points to end at 44.16)
– BRF SA (BVMF:BRFS3): +4.71% (up 1.15 points to 25.56)

Worst Performers

The worst performers of the session included:
– Hypera SA (BVMF:HYPE3): -8.70% (down 2.28 points to trade at 23.92)
– Prio SA (BVMF:PRIO3): -1.68% (down 0.70 points to end at 40.95)
– 3R Petroleum Oleo E Gas Sa (BVMF:BRAV3): -1.35% (down 0.23 points to 16.80)

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 583 to 358, with 60 stocks ending unchanged.

Shares in Hypera SA fell to 5-year lows, losing 8.70%, while shares in 3R Petroleum Oleo E Gas Sa fell to all-time lows.

The CBOE Brazil ETF Volatility increased by 0.41% to 29.52.

Commodity Market

• Gold Futures for December delivery: +0.01% (up 0.20 to $2,754.80 per troy ounce)
• Crude Oil for December: -5.29% (down 3.80 to $67.98 a barrel)
• US Coffee C Contract for December: +1.77% (up 4.40 to $252.80)

Currency Market

• USD/BRL: Unchanged at 5.71
• EUR/BRL: +0.10% to 6.17
• US Dollar Index Futures: +0.02% at 104.16.